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PM OUTLINES SRI LANKA'S DEVELOPMENT THRUST

+2
fireshelter
samaritan
6 posters

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samaritan


Moderator
Moderator

BREAKING NEWS

PM outlining the development plans has assured that the Govt would convert the country as one of the developed nations in the world within the next 3 years by carrying out mega development projects in all provinces.

http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=138105

samaritan


Moderator
Moderator

The country would immensely benefit from American and Chinese mega investments in the process of one trying to outdo the other. Sluggishness in the CSE is only a passing phase. Cheers!

fireshelter

fireshelter
Associate Director - Equity Analytics
Associate Director - Equity Analytics

But Day by Day Foreign sell increase

Ryan Hudson


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Foreign outflow mainly due to pummeling of other stock markets all over the world. Shanghai alone dropped 7% in one day yesterday, but cse showed great resillience

samaritan


Moderator
Moderator

fireshelter wrote:But Day by Day Foreign sell increase

These can change overnight and we have been resilient in the past overcoming so many hurdles.

To what i know PM is not going to make a statement of this nature without doing his home work. Since the time space specified is 36months, we will know where we stand in 9 months time, as it is 25% of the total time. So it will not be a long wait!

troy

troy
Moderator
Moderator

Totally agree with you. We are in to a phase which we have not experienced in the past. 

I keep accumulating slowly but steadily. Lets hope this wait is not long. Cheers....

EquityChamp

EquityChamp
Moderator
Moderator

Waiting for the critical announcement. The resumption of Port City project and fast track of Water Front project. Sooner the news gretor for the market.

troy

troy
Moderator
Moderator

I think tomorrow will be the day... with the start of the Economic Forum, PM will tell what he was hiding for sometime.

samaritan


Moderator
Moderator

In my opinion most of the projects would be fast tracked. Remember the mahaweli development project, the duration was cut down from 30yrs to 6yrs. If there is a will there is a way.

FDIs will be the most powerful weapon to transform our economy to a modern one. US, China and India are expected to play a key role as partners in Sri Lanka's progress towards developed nation status.

Let's see what RW has up his sleeves to walk the talk.
CSE is bound to take a dramatic upward turn in the near future!

There is nothing IMPOSSIBLE.

karuna


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

PM OUTLINES SRI LANKA'S DEVELOPMENT THRUST  12494892_10208137534424480_7448485039975212881_n

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